SBA lending record

South Lake Tahoe Childcare Center

971 & 981 Silver Dollar Avenue, South Lake Tahoe, CA 96150 · Child Care Services. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$2.9M

Total SBA financing

Loan on record

FY2023

On record

Jobs supported

● business — business location is the ZIP-area centroid from the public record

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The loan

$2,860,000 — FY2023

Gross approval: $2,860,000
SBA guaranteed: $2,145,000 (75%)
Status: Current
Rate at approval: 10% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 3/22/2023
First disbursement: 5/15/2023
Days to fund: 54 days
Collateral: Required
Sold on secondary market: Yes

The lender

VelocitySBA, LLC

1 loan to this business

Full lending record on the lender page.

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DealRoom listing built from public SBA 7(a) lending records and FDIC BankFind. Figures are as reported; verify before relying on them. Not affiliated with South Lake Tahoe Childcare Center.